Plan Snapshot
- Plan Sponsor: Ibew Local 141 Vacation Plan
- Sponsor EIN: 550739700
- Sponsor Address: 3150 US ROUTE 60, ONA, WV, 25545
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 211
- Total Assets: $290,566
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 211 | $290,566 | $0 | $0 |
| 2024 | 207 | $461,381 | $2.7M | $0 |
| 2023 | 212 | $565,644 | $2.8M | $0 |
| 2022 | 206 | $524,929 | $2.2M | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| AMERICAN BENEFIT CORPORATION | Recordkeeper | $12,945 | $251 | $13,196 |
| KOZICKI HUGHES TICKERHOOF | Auditor | $8,500 | — | $8,500 |
| IBEW LOCAL UNION 141 | Other Service Provider | $7,171 | — | $7,171 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $28,867
- Estimated Expense Ratio: 9.935% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $3,016,685 | — | — | — | — |
| 2024 | $34,837 | — | — | — | — |
| 2023 | $28,216 | — | — | — | — |
| 2022 | $28,828 | — | — | — | $11,693 |